732,736,740 Michael Street Iowa City IA 52246
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732,736,740 Michael Street Iowa City IA 52246
42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.
MLS#
2407186
Price
$3,750,000
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Property Features
Lot Size:
1.05 Acres
Taxes
$49,362
Property Descriptions
Parcel#
1016184003
Lot Dimensions:
1.05 Acres
Total Building Square Footage:
16,128 /SF
Listed By / Shown By
Agency Name:
LEPIC-KROEGER, REALTORS
Agent Name:
Matthew Lepic
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